Exactly SRXP takes over for offer expense management

Exactly SRXP takes over for offer expense management

Exactly what business software provides, SRXP takes over. This originally Amsterdam-based company specialises in online software for processing declarations. The acquisition amount is not known, but we do know that the twenty-five employees of SRXP will all be integrated into the Exact team.

SRXP offers on the one hand an app that helps companies with the processing of receipts. In addition, there is a cloud platform that helps managers to quickly approve claims. It also offers links to the back office where financial packages and accounting systems are available. Exact has already linked a number of packages to SRXP’s applications, namely Exact Online, Globe and Synergy. The intention is to create more such links after this takeover.

Cost control and efficiency in SMEs

As a result of this acquisition, Exact expects to further expand its possibilities for cost control and efficiency in SMEs. The acquisition of SRXP complements the recent acquisition of ProQuro, which allows the company to automate the purchase-to-day process. Now there is also a solution for cost management. This makes the Exact offer more complete.

SXRP links with financial or HR software, automatic workflows, credit card integration, business rules and many other functionalities. Exact and SRXP already have joint customers who combine SRXP’s expense management solution with the financial software solutions Exact Globe and Exact Online. In the coming months we will be working on an even better integration of SRXP in Exact’s product portfolio.

At the moment SRXP has more than 700 customers, varying from SMEs to multinationals such as Mammoet, Port of Rotterdam and Rituals. SRXP is used daily in more than 90 countries by over 45,000 users. A striking detail of the acquisition is that several of Exact’s competitors also use SRXP’s software. When the acquisition is completed, the links with accounting software from Visma, Afas and Microsoft Dynamics, among others, will therefore be provided by a direct competitor.

This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.